According to Fortune Business Insights™, the global airborne optronics market size was valued at USD 2.03 billion in 2023 and is projected to grow from USD 2.53 billion in 2024 to USD 4.96 billion by 2032, exhibiting a CAGR of 8.8% during the forecast period (2024–2032). In 2023, North America led the market with a 34.98% share, driven by high defense spending and the strong presence of major aerospace and defense companies. These insights are highlighted in the report titled “Airborne Optronics Market, 2024–2032.”
What is Airborne Optronics?
Airborne optronics refers to the integration of optical and electronic systems in manned and unmanned aerial platforms to enhance surveillance, targeting, navigation, and reconnaissance capabilities. These systems commonly include infrared sensors, laser rangefinders, digital imaging modules, and AI-powered processors, offering high-resolution, real-time data that improves mission efficiency, safety, and situational awareness.
Key Companies Profiled
Source:
https://www.fortunebusinessinsights.com/airborne-optronics-market-108108
By Aircraft Type:
The fixed wing segment held the largest share of the market in 2023, primarily due to its widespread use in ISR (Intelligence, Surveillance, and Reconnaissance) operations. These aircraft offer extended endurance and high payload capacity, making them ideal platforms for advanced optronics integration. Rotary wing platforms are also gaining adoption for close-range missions such as search and rescue and tactical surveillance. Urban Air Mobility (UAM) is an emerging segment where compact and lightweight optronics will be crucial for navigation and safety in urban skies. Unmanned Aerial Vehicles (UAVs) are experiencing rapid growth, driven by defense and border security demands for EO/IR-equipped drones.
By Application:
The military segment dominated the airborne optronics market in 2023, supported by global defense modernization efforts and increasing investment in targeting, reconnaissance, and mission-support systems. The commercial segment is expanding steadily, particularly in civil aviation, infrastructure inspection, and aerial data services. Meanwhile, the space segment, though relatively smaller, is gaining attention for its role in Earth observation, scientific monitoring, and satellite payload systems.